• opec

    OPEC Crude Overhang To Disappear In 3rd Quarter 2017– S&P

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    The first Organization of Oil Exporting Countries (OPEC) led global production cut in 15 years underpins an emerging but fragile recovery, with 2017 set to see a huge stock overhang disappear by the third quarter. When this happens the market will move from over-supply to a more balanced supply/demand situation according to S&P Global Platts…

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    Electricity Generation Hits 3,959 MW

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    The Transmission Company of Nigeria (TCN) yesterday disclosed that it wheeled out about 3,959 megawatts of generated electricity to the 11 distribution companies operating in the country as Nigeria’s power supply gradually stabilized. This was contained in the power generation data obtained from daily forecast on the Nigerian Electricity System Operator (SO) website. The daily…

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    FG To Establish ICT University In 2017

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    The Federal Government has disclosed that it will establish an Information Communication Technology, ICT, University in the first quarter of 2017. The Minister of Communications, Adebayo Shittu, disclosed this yesterday in Abuja when he featured at the News Agency of Nigeria, NAN, Forum. “By the grace of God, in the next three to six months,…

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  • 47 Ambassadorial Appointees Get Posting

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    The Ambassadors are currently undergoing a four-day induction which ends on on Wednesday. This comes following the news of the Federal Government’s release of the postings of the 47 ambassadors recently appointed by President Muhammadu Buhari. The Ambassadors appointed and posted are as follows; Abia: Obinna Agbugba (Togo), Adamawa: Salisu Umaru (Senegal), Paragalda Audu (Turkey),…

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  • Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu

    NNPC To Name Firms For Nigeria’s 2017 Oil Lifting Next Month

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    Indications emerged yesterday that the Nigerian National Petroleum Corporation (NNPC) may announce the names of companies qualified for the lifting of the country’s crude oil for 2017 by mid-December. The revelation was contained in a statement credited to Mele Kyari, NNPC’s group general manager, Crude Oil Marketing Division. According to a report by Platts, Kyari,…

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  • clinton-trump

    US 2016: Clinton, Trump And Dicey Road To White House

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    The race for who succeeds President Barack Obama, which began in February, climaxed yesterday, with the former secretary of state, senator and first lady, Hillary Rodham Clinton, squaring it out, with the New York, billionaire, estate developer, Donald J. trump, in a ‘too close to call’ president election. The race began with the Parties presidential…

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